FBR liaison with businessmen must to widen tax base as active taxpayers decline Mian Anjum says new measures inadequate to convince people to file tax returns

The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel Chairman and FPCCI ex-president Mian Anjum Nisar has asked the government to enhance liaison with the business community, who are the real stakeholders, with a view to broaden tax base and enhancing tax-to-GDP ratio, as the number of active… Continue reading

CPEC will change the destiny of Pakistan and China: Mian Anjum Nisar Traders of both the countries are playing a vital role in strengthening trade and diplomatic ties: President FPCCI

Karachi (PR) The great project of CPEC will not only change the destiny of Pakistan but will also make China and Pakistan economic tigers in the world. The special interest, diligence, and love of the Chinese government, investors, and businessmen for strengthening Pakistan, economically will never be forgotten by the… Continue reading

PM assures businessmen of opening Pak-Afghan border in a week

KARACHI: Prime Minister Imran Khan has assured business community that the blockage of containers at Pakistan-Afghanistan border would be removed within a week, and traffic would resume as it was before the COVID-19 pandemic. He was talking to a delegation of Federation of Pakistan Chambers of Commerce and Industry (FPCCI)… Continue reading

CDC to facilitate 600 businesses get their sales tax refund bonds

KARACHI: Central Depository Company has urged businessmen who have opted for Sales Tax Refund payments through Refund Bonds to urgently open up Sub Account or Investor Account with Central Depository Company of Pakistan Limited (CDC) in order to get Sales Tax Refund payments through Refund Bonds. Out of total 600… Continue reading

Businessmen, traders rush to court as tax collectors raise demands

KARACHI: The appellate bench of High Court of Sindh hearing cases of income tax etc was seized with dozens of fresh petitions against tax departments particularly Sindh Revenue Board which issued notices for tax recovery to businessmen and traders giving them short notice in some cases of just two days.[the_ad… Continue reading

Junaid Makda urges FIA to refrain from harassing businessmen

KARACHI: President Karachi Chamber of Commerce and Industry (KCCI) Junaid Esmail Makda, while expressing deep concerns over harassment of businessmen by Federal Investigation Agency (FIA), has advised that FIA should refrain from such actions and prior to issuing notices or summoning such individuals, the Agency must share details of the… Continue reading

FPCCI concerned over high handedness of FBR and FIA

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) have expressed grave concern over the harassment of businessmen by FBR and FIA creating unrest among the genuine tax payers.[the_ad id=”31605″]The Senior Vice President of FPCCI, Syed Mazhar Nasir said that despite the fact that the businessmen declared their properties… Continue reading

Bullet proof vehicles license case adjourned till March 02

KARACHI: A division bench of High Court of Sindh (SHC) comprising Chief Justice Sajjad Ali Shah and  Justice Zulfiqar Ahmad Khan on Wednesday adjourned hearing of a constitution petition filed by individuals, bankers, businessmen, construction industry leaders etc seeking license for importing bullet proof vehicles. The adjournment came as the… Continue reading